Printer Friendly

CRAIN COMMUNICATIONS ACQUIRES MEXICAN BUSINESS PUBLICATIONS.

Crain Communications (Detroit, MI) has entered into the Latin American market with the purchase of three business publications in Mexico. No terms for the deal was given.

The acquired titles, purchased from Editorial Urbano (Mexico City), include the weekly El Asesor de Mexico and the bi-weekly El Asesor de Monterey, tabloids which cover local business news and developments in Mexico City and Monterey, respectively, and Velocidad Internet, a bimonthly magazine that covers the Mexican Internet industry. The Spanish-language publications are the first Cram products not published in English. The local news tabloids will become a part of Grain's regional business publications group, a unit that includes Crain's Detroit Business, Grain's Chicago Business, Grain's New York Business and Grain's Cleveland Business.

Crain senior vp/international Joe Cappo said "this is a fabulous time for us to move into Mexico. That country is entering a new era of political reformation and economic advancement and we want to be a part of it. This also will give us an opportunity to look for future growth opportunities throughout Latin America."

Crain has been involved in Latin America for the last ten years through the licensing of its U.S. publications to local publishers. The company currently has nine licenses in Brazil, Argentina, Ghile, Columbia, Venezuela and the Dominican Republic.
COPYRIGHT 2001 JK Publishing, Inc
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Comment:CRAIN COMMUNICATIONS ACQUIRES MEXICAN BUSINESS PUBLICATIONS.
Publication:Business Publisher
Geographic Code:1USA
Date:Feb 15, 2001
Words:215
Previous Article:DMG MEDIA PURCHASES 25% INTEREST IN WESTERN EXHIBITORS.
Next Article:101COMMUNICATIONS ACQUIRES E-GOV CONFERENCE GROUP, MAGAZINE.
Topics:


Related Articles
DLJ MERCHANT BANKING PARTNERS ACQUIRES ADVANSTAR COMMUNICATIONS.
Ad Age Group acquires AdCritic.com; will launch new online service.
Crain Communications purchases "Workforce" magazine.
Crain Communications to launch "Financial Week" in June.
"Business Insurance Europe" magazine from Crain Communications.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |